WB Logistics Performance Index:India climbs to 38th place

India has reached the 38th spot on World Bank's Logistics Performance Index. In 2014, India was ranked 54th. It climbed 16 places from 2014 to 2022. Prime Minister Narendra Modi termed it an encouraging trend, powered by government reforms and focus on improving logistics infrastructure. In a tweet, he said these gains will reduce costs and make country's businesses more competitive.  According to the report, India's rank in the index of 139 countries has risen to 38 from 44 in 2018.

Spectacular Rise in Logistics Performance! pic.twitter.com/Cszxz1HqLX

— Piyush Goyal (@PiyushGoyal) April 22, 2023

In 2023, India's ranking for international shipments improved significantly, moving up from 44 in 2018 to 22. The country also climbed four places to rank 48 in logistics competence and equality. The country also climbed four places to rank 48 in logistics competence and equality. In terms of timelines, India saw a significant improvement, moving up 17 places in the rankings.